934 C STREET ST Active

Penrose,CO 81240

$ 690000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Penrose

MLS Listing ID 8020121

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $2,000

Tax Year 2024

Lot Size 9.400 Acres

Acres 9.4

Property Sub-Type Improved Land

Property Description

Discover a rare investment opportunity in Penrose, Colorado, featuring three distinct properties spanning 14.6 acres. These properties can be sold together as a package or separately, offering flexibility for residential, commercial, and agricultural ventures. The motivated seller ensures a compelling value proposition! 1. Commercial Property – Prime Highway 115 Frontage (2.57 Acres) Location: Strategically positioned with direct frontage on Highway 115, ensuring high visibility and accessibility. Building Details: An empty office space with foam insulation for energy efficiency. The property features separate HVAC units in each suite, ensuring comfort and flexibility for tenants or owner-occupants. Potential: Perfect for retail, office, or service-based businesses, with room for expansion or customization. 2. Residential Property – Updated 2-Bedroom Home (2.02 Acres) Location: Adjacent to the commercial property on the west side, with convenient access via C Street. Home Details: A charming 2-bedroom, 1-bathroom residence on. Recent upgrades enhance its appeal and functionality, offering a comfortable living space for homeowners or rental income potential. 3. Agricultural Property – Irrigated 10-Acre Tract with Greenhouses Features: Previously operated as Finger Herb Farm, this property includes two large greenhouses totaling 10,320 square feet of enclosed space, ready for immediate use. Equipped with 3/4-inch water tap and a 620-foot well. The irrigation system and greenhouse infrastructure are already in place, minimizing setup costs. Potential: Highly versatile—maintain as a farm, subdivide into two 5-acre tracts (a rarity in the area, where irrigated 10-acre parcels typically sell for around $200,000), or develop for other agricultural or recreational uses.

Location

State CO

County Fremont

Zoning AR

Interior

Fireplace N

Exterior

Parking Features Driveway-Dirt

Utilities Available Electricity Connected,Natural Gas Connected

Garage No

Building

Sewer Septic Tank

Schools

School District Fremont Re-2

Others

Ownership Corporation/Trust

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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